They are all reborn, and the grandson is still a spare tire
Chapter 1141 The Art of Giving Money
As we were talking, about twenty minutes had passed.
After the public relations director introduced the relevant situation, Yao Yuan, Director Li, and other leaders including the deputy mayor of Shanghai spoke one after another. These are all essential procedures.
Only after completing these formalities did Yao Yuan take over the leadership of the press conference.
He glanced at the many media reporters at the scene, nodded to the camera lens, and then said with a smile:
"Dear journalists and viewers who are watching the live broadcast, I believe many of you know that I was once an investor in the A-share market and still have an A-share securities account."
"From this perspective, the roots of Jiuye Investment Group are actually in the A-share market. It was just that I later went to Hong Kong Island to develop and luckily made some achievements in the international financial market."
"Over the past year, the A-share market has turned from bullish to bearish due to the subprime mortgage crisis, and has experienced a long and tragic decline. The A-share index has fallen from its peak and has lost more than two-thirds of its value."
"The current A-share market is filled with a pessimistic atmosphere. The overall environment of the international financial market is getting worse and worse. The A-share market has inevitably been hit again and again."
“It is no secret that the current A-share market needs confidence and a large amount of fresh blood to stop the decline and rebound, and to restore the confidence of the majority of investors!”
"After a period of observation and analysis, and discussions with leaders and experts from relevant financial regulatory authorities, I decided to return to the A-share market with the permission of the financial regulatory authorities."
"With the investment surplus earned by Jiuye Investment in the international financial market, we officially entered the mainland financial market and became an institutional investor in the A-share market, and the most determined long-term investor..."
Although the facts are right in front of us and are clear as day.
But everyone was still excited to hear Yao Yuan say this in person, knowing that Jiuye Investment will officially enter the mainland financial market and the miserable A-share market.
Especially the countless A-share investors who had lost everything they had, they were so sad that they almost cried when they heard these words.
Finally, the light has come. This godlike young man is finally willing to look back at the poor A-share market!
In addition to being excited, many media reporters at the scene and countless stock investors who were watching the live broadcast all started talking about it with great joy.
"Great! Yao Yuan has fulfilled his promise. Jiuye Investment Group is finally going to enter the A-share market. Just wait and see. The A-share market will definitely take off!"
"It's been almost a year, and this is the best and most touching news I've heard this year. Do you know how I got through this year? Was it easy for me?"
"Spring is finally coming for the A-share market, but I wonder how much money this guy will bring to the A-share market to save it?"
"The A-share market has fallen to this point, and the international financial market is in such a bad state. If we want to pull up the A-share market, we will definitely need a huge amount of funds."
Suddenly, the interview area turned into a vegetable market, with all the reporters talking at once.
Not only them, but also countless stock investors and ordinary people who are watching the live broadcast are the same.
The next moment, a female reporter suddenly asked loudly:
"Hello, Mr. Yao, I'm a reporter from the Financial Times. May I ask how much money Jiuye Investment is going to invest in the A-share market? Can you give me an approximate figure?"
Following her question, everyone immediately looked towards Yao Yuan on the stage, no longer caring about what was going on!
Yao Yuan looked at the female reporter, smiled and shook his head.
"Hello, my journalist friend, it is not time for questions yet, so I cannot answer your question."
"After I have introduced the relevant situation, I will leave ample time for you to ask questions. Then you can raise your hands and ask questions."
In response to his answer, the female reporter could only nod.
The same goes for the other reporters and countless viewers; everyone’s curiosity has been piqued even further.
Immediately afterwards, Yao Yuan's clear voice was heard again.
"Let's get back to the topic just now. Our Jiuye Investment Group actually started planning for today as early as last year. The establishment of the Beijing headquarters and the Shanghai headquarters is evidence of this."
“The Beijing headquarters was established earlier and mainly focuses on real estate investment. The Shanghai headquarters was established relatively later and its business is basically financial investment.”
"For example, the venture capital company under the Shanghai headquarters has already started its business. As far as I know, the venture capital company has successively invested in seven or eight very promising entrepreneurial projects."
"Compared with venture capital companies, other financial investment companies had a longer preparation period and started their business later. It is only now that they have officially entered the A-share market."
"Other financial markets, such as the foreign exchange market, bond market, futures market, etc., will also follow up simultaneously, and Jiuye Investment Group will fully enter these financial markets."
"Our group's public offering of five new funds and acquisition of a controlling stake in Tonghai Securities can be seen as a landmark event in our full entry into the mainland financial market."
"Once these five new funds have completed fundraising and various formalities, and once we have completely completed the process of acquiring the controlling stake in Tonghai Securities, we will truly start investing in the A-share market..."
Hearing this, everyone was stunned for a moment.
In a blink of an eye, everyone understood.
Judging from what Yao Yuan meant, it will take some time before Jiuye Investment actually enters the A-share market to buy stocks, rather than doing it tomorrow!
From the time a new fund starts raising funds to the time it officially goes into operation, if everything goes well, it will take about fifteen days!
If the fund size is relatively large, it may take a longer time to raise funds, perhaps 20 to 30 days, or even more than a month.
The total fundraising scale of the five newly issued funds by Jiuye Investment Group is at least hundreds of billions, which is quite amazing and undoubtedly belongs to the latter!
Tonghai Securities is one of the top five large securities companies in the mainland, with a current market value of approximately 1300 billion yuan.
It would take quite a bit of time to acquire the controlling stake in such a large securities company, sort out all the relationships, and incorporate Tonghai Securities into Jiuye Investment Group.
Even if we move forward faster, it will still take 20 to 30 days.
From this perspective, it should be a month before Jiuye Investment Group actually starts buying stocks in the A-share market and leads the A-share index to a strong counterattack.
Fortunately, a month is not a long time, just about twenty trading days, which is not difficult to endure!
We have all been suffering for nearly a year, and have gone through hundreds of miserable, cold and lonely days. It doesn’t seem to matter much to endure another month, and no one will die!
Besides, during this month, everyone can take out the remaining money to buy at the bottom and dilute the cost of holding positions.
In that way, when Jiuye Investment Group comes in with huge capital and the stock market soars, my return on investment will be much faster!
Thinking of this, many financial media reporters and countless stock investors understood the idea.
No one has any complaints about the fact that Jiuye Investment Group will not immediately exit the A-share market to support the bottom!
Little did they know that all this was part of Yao Yuan's plan and he did it on purpose.
Even today's press conference, at which Jiuye Investment Group was officially announced to enter the A-share market, were all different parts of his plan, and none of them could be missing!
It can even be said that he deliberately set aside this one month just to allow ordinary investors and many state-owned financial institutions enough time to buy at the bottom.
He doesn't mind at all. When Jiuye Investment Group fully enters the A-share market, he will take over at a relatively high level that is slightly higher than today's A-share index.
For him and Jiuye Investment Group, doing so might seem like a disadvantage, but in fact it is safer and a considerable advantage.
Again, Yao Yuan plans to gradually transfer the massive investment surplus earned in the international financial market to the mainland financial market, and deposit most of the investment surplus in the A-share market.
Or it can be said that in the A-share market, making money is secondary for Jiuye Investment Group, and being able to buy a large number of stocks and bonds is the main goal.
The money that Jiuye Investment Group has earned in the international financial market is already an astronomical figure. There is no need to fleece mainland investors in the A-share market anymore!
In addition, Yao Yuan has another consideration.
With his personal and group wealth reaching this level, he should be finding ways to give money out instead of acting like a miser and continuing to make money crazily!
That doesn't make any sense, but will instead attract criticism from countless people and even bring huge danger!
Spending huge amounts of money and donating under various names is undoubtedly one of the best ways to protect your own safety!
Another point is that Yao Yuan seriously lacks internationalism.
The objects where he spends money lavishly can be the countless investors in the A-share market, the numerous state-owned financial institutions, and various fields such as national defense, education, and poverty alleviation.
The same goes for the objects of donations. In the fields of national defense, education, scientific research, etc., as long as it is domestic and can make the country better, he is very happy to donate!
Even if some donations are not put to good use, he generally doesn't care as long as the meat is rotting in the pot.
As for various foreign institutions, such as a famous Ivy League university, I’m sorry, we don’t have a penny!
On the rostrum, Yao Yuan was still talking and introducing the relevant situation.
"Our group's acquisition of the controlling stake in Tonghai Securities happened suddenly. To avoid causing drastic fluctuations in the stock price and to protect the interests of investors, Tonghai Securities' stock will be suspended from trading starting tomorrow."
"As for when Tonghai Securities' shares will resume trading, it depends on when the acquisition is completed. According to my estimate, it should not take long, so shareholders are requested to wait patiently."
"Next, I will focus on the issuance of five new funds. This is the first time that our group has publicly issued financial products in the Mainland, and the amount of funds raised is huge, which is of special significance."
"So I decided to introduce the situation in person. Within the scope permitted by the Fund Management Regulations of the Mainland Financial Market, we have made some small innovations in these five new funds, which is also a new exploration..."
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